Who is moving to which position
Resolved 8 May 2026Incoming appointee
1 itemDeparting officer
1 item“Next role stated” means the document names the position the person holds after stepping down. It does not necessarily mean they are leaving the company.
Okamoto Toshiharu (岡本利治): The company believes that, to accelerate the implementation of the 2026-2030 Medium-Term Management Plan, it would be best to pass executive functions to the next generation while Okamoto Toshiharu (岡本利治) assumes responsibility for oversight. Saito Toshikazu (斎藤敏一): Determined that it would be appropriate to transition management to the next generation in order to achieve the 2026-2030 Medium-Term Management Plan, and will retire upon the expiration of his term.
Okamoto Toshiharu (岡本利治) will remain on the Board of Directors as Chairman of the Board. Saito Toshikazu (斎藤敏一) will retire as a Director and become a Special Adviser, and therefore will not remain on the Board of Directors.
Okamoto Toshiharu (岡本利治), the Company's Representative Director, Chairman and Executive Officer, submitted a resignation notice as Representative Director based on his view that, to accelerate the implementation of the “2026-2030 Medium-Term Management Plan” announced today, it would be best to pass executive functions to the next generation while Okamoto Toshiharu (岡本利治) assumes responsibility for oversight. The Company has accepted the resignation. Saito Toshikazu (斎藤敏一) determined that it would be appropriate to transition management to the next generation in order to achieve the “2026-2030 Medium-Term Management Plan,” and will retire as a Director upon the expiration of his term at the conclusion of the 44th Annual General Meeting of Shareholders.
| Item | Details |
|---|---|
| Resolution date | 8 May 2026 |
| Scheduled Appointment Date | Okamoto Toshiharu (岡本利治): Chairman of the Board, effective 8 May 2026. Saito Toshikazu (斎藤敏一): Special Adviser, effective as of the date of the 44th Annual General Meeting of Shareholders scheduled for June 2026, subject to the conclusion of the meeting. Yamahira Keiko (山平恵子): scheduled to become a Director after the 44th Annual General Meeting of Shareholders scheduled for June 2026. Her appointment is scheduled to be formally determined following her election at the meeting and a resolution of the Board of Directors to be held on the same day. |
| Date of departure | Okamoto Toshiharu (岡本利治): resignation as Representative Director, effective 8 May 2026. Saito Toshikazu (斎藤敏一): upon the conclusion of the 44th Annual General Meeting of Shareholders scheduled for June 2026 |
| Name of appointee | Yamahira Keiko (山平恵子) |
| Appointee's new position | Outside Director |
| Name of departing officer | Okamoto Toshiharu (岡本利治), Saito Toshikazu (斎藤敏一) |
| Former position of departing officer | Okamoto Toshiharu (岡本利治): Representative Director, Chairman and Executive Officer; Saito Toshikazu (斎藤敏一): Director and Honorary Chairman |
| New position of departing officer | Okamoto Toshiharu (岡本利治): Chairman of the Board; Saito Toshikazu (斎藤敏一): Special Adviser |
| Reason for departure | Okamoto Toshiharu (岡本利治): The company believes that, to accelerate the implementation of the 2026-2030 Medium-Term Management Plan, it would be best to pass executive functions to the next generation while Okamoto Toshiharu (岡本利治) assumes responsibility for oversight. Saito Toshikazu (斎藤敏一): Determined that it would be appropriate to transition management to the next generation in order to achieve the 2026-2030 Medium-Term Management Plan, and will retire upon the expiration of his term. |
| Whether the incumbent will remain in office | Okamoto Toshiharu (岡本利治) will remain on the Board of Directors as Chairman of the Board. Saito Toshikazu (斎藤敏一) will retire as a Director and become a Special Adviser, and therefore will not remain on the Board of Directors. |
| Reason for change | Okamoto Toshiharu (岡本利治), the Company's Representative Director, Chairman and Executive Officer, submitted a resignation notice as Representative Director based on his view that, to accelerate the implementation of the “2026-2030 Medium-Term Management Plan” announced today, it would be best to pass executive functions to the next generation while Okamoto Toshiharu (岡本利治) assumes responsibility for oversight. The Company has accepted the resignation. Saito Toshikazu (斎藤敏一) determined that it would be appropriate to transition management to the next generation in order to achieve the “2026-2030 Medium-Term Management Plan,” and will retire as a Director upon the expiration of his term at the conclusion of the 44th Annual General Meeting of Shareholders. |
| Number of directors after the change | 8 Directors, including 4 Outside Directors |
| Subject to Approval by the General Meeting of Shareholders | Yes. An agenda item concerning the election of Directors will be submitted to the 44th Annual General Meeting of Shareholders, scheduled for June 2026. |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.For Okamoto Toshiharu (岡本利治), the company determined that, to accelerate the implementation of the 2026-2030 Medium-Term Management Plan, it would be best to pass executive functions to the next generation while Okamoto Toshiharu (岡本利治) assumes responsibility for oversight. For Saito Toshikazu (斎藤敏一), the company determined that it would be appropriate to transition management to the next generation in order to achieve the same Medium-Term Management Plan.